NWTN Inc. announced on May 28, 2025, that it received a second Nasdaq Staff Delisting Determination notice for failing to file its Annual Report on Form 20-F for the fiscal year ended December 31, 2024. This determination follows a previous notice regarding the 2023 annual report.
The company has requested a hearing to appeal the delisting determination and an extended stay of the trading suspension. NWTN stated its commitment to implementing an enhanced governance framework to deliver timely and accurate reporting.
NWTN had previously filed its 2023 Annual Report on April 28, 2025, and its interim report for the six months ended June 30, 2024, on May 12, 2025. However, the failure to file the 2024 Annual Report by the deadline continues to pose a significant risk to the company's Nasdaq listing.
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